5359 stories by Todd Shriber
Polymarket, Wall Street Journal Ink Data Deal
Data partnership pertains to all of News Corp.’s US financial media properties, including The Wall Street Journal Polymarket fires back after rival Kalshi landed deal with CNBC Prediction market operator Polymarket and Dow Jones announced a partnership through which the event contracts...
Prediction Markets Pilfering Just 5% of Legal Sportsbook Handle, Says Analyst
Research firm estimates approximately 5% of regulated sportsbook handle has been redirected to prediction markets That works out to about $8 billion of annual handle Analyst calls it a “wash” for major sportsbook operators For all the commotion and 2025 downside incurred...
Polymarket Brings Residential Real Estate Prediction Markets to Life
Prediction market operator partnering with Parcl on housing-focused markets New offering could be a hedge for home buyers and sellers Markets will settle on Parcl’s published price indexes Now this from the intrepid world of prediction markets: Polymarket is partnering with Parcl...
Penn Entertainment Overhauls Corporate Ranks Following End of ESPN Bet
Regional casino operator makes sweeping changes to its leadership team. Changes arrive two months after ESPN Bet relationship was eliminated. Two executive vice presidents are out. Nearly two months to the day after the company announced the end of the ESPN Bet...
Maine Voters Strongly Oppose iGaming
Poll emerges ahead of opening of veto window Gov. Mills has from Wednesday through Friday to veto LD 1164 -- a bill that could legalize internet casinos in the state Just 16% support legalization, according to the poll A new poll indicates...
No States Will Approve iGaming, Sports Betting in 2026, Says Analyst
Bleak outlook for US gaming expansion this year Sports betting is legal in 39 states and Washington, DC Adding to that list this year appears unlikely, says a sell-side analyst Currently, 39 states and Washington, DC, permit some form of sports wagering,...
AI Prone to Problem Betting Patterns, Even Addictive Behavior, Says Study
In betting environments, AI takes on human-like behavior and the results are bad. Study indicates large language models (LLMs) are vulnerable to addictive behavior. The models also engage in the gambler’s fallacy. Bettors thinking about using unsupervised artificial intelligence (AI) models in...
Macau Casino Stocks Still Discounted, Could Rally Anew in 2026
2026 Macau GGR estimates could prove conservative. Macau casino stocks could be ways to play China recovery, says analyst. Group trades at compelling discounts. Coming off a strong 2025 in which concessionaires won $30.9 billion, the highest level since before the coronavirus...
DraftKings Among J.P. Morgan’s Top Ideas for 2026
The sports betting stock had a rough 2025. DraftKings is the only gaming name on the bank’s list of nearly 60 equity ideas for 2026. DraftKings (NASDAQ: DKNG) stock endured a forgettable 2025, slumping 6.53% while the S&P 500 gained nearly 17%,...
Sports Betting Alliance Sues Chicago Over Permitting Fees, Taxes
The trade group says a licensing requirement in the city’s new budget could chase operators out of the Windy City. The budget goes into effect on Thursday, Jan. 1. SBA’s suit also emphasizes the budget’s 10.25% on sports bets placed within Chicago...
